M/S. RUKMINI EDUCATIONAL CHARITABLE TRUST,BENGALURU vs. PRINCIPAL COMMISSIONER OF INCOME TAX, CENTRAL , BENGALURU

Bench: Shri Prashant Maharishi & Shri Soundararajan K.

unexplained cash transactions across the years. 2. DIVERSION OF CHARITABLE TRUST FUNDS FOR PURCHASE OF PROPERTIES IN THE NAAN OF TRUSTEES Page 4 of 81 ITA Nos.2106 to 2109/Bang/2024 3.1 On perusal of seized documents and other evidences and statements recorded, it is seen That Mr. P. Shyamaraju and Mr. Umesh S. Raju (Trustees of M/s. Rukmini Educational Charitable Trust

ASSISTANT COMMISSIONER OF INCOME TAX CENTRAL CIRCLE-2(2), BANGALORE vs. SRI V C CHARANTIMATH , BAGALKOT

In the result, the assessee’s appeals in ITA Nos

Bench: Shri Chandra Poojari & Smt. Beena Pillai

charitable in nature and assessee cannot be granted exemption u/s 11 of the Act in this assessment year. This ground of revenue in ITA No.64/Bang/2018 is allowed. Ground No. 2 - Based on the facts and circumstances of the case, whether Ld. CIT(A) was correct in allowing unexplained receipts/unnamed donation when incriminating documents against the assessee were found and seized

ASSISTANT COMMISSIONER OF INCOME TAX CENTRAL CIRCLE-2(2), BANGALORE vs. M/S SRI BASAVESHWAR VEERASHAIVA VIDYAVARDHAK SANGHA , BAGALKOTE

In the result, the assessee’s appeals in ITA Nos

Bench: Shri Chandra Poojari & Smt. Beena Pillai

charitable in nature and assessee cannot be granted exemption u/s 11 of the Act in this assessment year. This ground of revenue in ITA No.64/Bang/2018 is allowed. Ground No. 2 - Based on the facts and circumstances of the case, whether Ld. CIT(A) was correct in allowing unexplained receipts/unnamed donation when incriminating documents against the assessee were found and seized

THE ASSISTANT COMMISSIONER OF INCOME TAX CENTRAL CIRCLE-2(2), BANGALORE vs. M/S SRI BASAVESHWAR VEERASHAIVA VIDYAVARDHAK SANGHA , BAGALKOTE

In the result, the assessee’s appeals in ITA Nos

Bench: Shri Chandra Poojari & Smt. Beena Pillai

charitable in nature and assessee cannot be granted exemption u/s 11 of the Act in this assessment year. This ground of revenue in ITA No.64/Bang/2018 is allowed. Ground No. 2 - Based on the facts and circumstances of the case, whether Ld. CIT(A) was correct in allowing unexplained receipts/unnamed donation when incriminating documents against the assessee were found and seized

ASSISTANT COMMISSIONER OF INCOME TAX CENTRAL CIRCLE-2(2), BANGALORE vs. SRI.V.C.CHARANTIMATH , BAGALKOT

In the result, the assessee’s appeals in ITA Nos

Bench: Shri Chandra Poojari & Smt. Beena Pillai

charitable in nature and assessee cannot be granted exemption u/s 11 of the Act in this assessment year. This ground of revenue in ITA No.64/Bang/2018 is allowed. Ground No. 2 - Based on the facts and circumstances of the case, whether Ld. CIT(A) was correct in allowing unexplained receipts/unnamed donation when incriminating documents against the assessee were found and seized

SRI BASAVESHWAR VEERSHAIVA VIDYAVARDHAK SANGHA,BAGALKOT vs. DEPUTY COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-2(2), BENGALURU

In the result, the assessee’s appeals in ITA Nos

Bench: Shri Chandra Poojari & Smt. Beena Pillai

charitable in nature and assessee cannot be granted exemption u/s 11 of the Act in this assessment year. This ground of revenue in ITA No.64/Bang/2018 is allowed. Ground No. 2 - Based on the facts and circumstances of the case, whether Ld. CIT(A) was correct in allowing unexplained receipts/unnamed donation when incriminating documents against the assessee were found and seized

SRI BASAVESHWAR VEERASHAIVA VIDYAVARDHAK SANGHA,BAGALKOT vs. DEPUTY COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-2(2), , BENGALURU

In the result, the assessee’s appeals in ITA Nos

Bench: Shri Chandra Poojari & Smt. Beena Pillai

charitable in nature and assessee cannot be granted exemption u/s 11 of the Act in this assessment year. This ground of revenue in ITA No.64/Bang/2018 is allowed. Ground No. 2 - Based on the facts and circumstances of the case, whether Ld. CIT(A) was correct in allowing unexplained receipts/unnamed donation when incriminating documents against the assessee were found and seized

ASSISTANT COMMISSIONER OF INCOME-TAX, CENTRAL CIRCLE-2(2), BENGALURU vs. M/S. SRI. BASAVESHWAR VEERASHAIVA VIDYAVARDHAK SANGHA, BAGALKOTE

In the result, the assessee’s appeals in ITA Nos

Bench: Shri Chandra Poojari & Smt. Beena Pillai

charitable in nature and assessee cannot be granted exemption u/s 11 of the Act in this assessment year. This ground of revenue in ITA No.64/Bang/2018 is allowed. Ground No. 2 - Based on the facts and circumstances of the case, whether Ld. CIT(A) was correct in allowing unexplained receipts/unnamed donation when incriminating documents against the assessee were found and seized

ASSISTANT COMMISSIONER OF INCOME TAX CENTRAL CIRCLE-2(2), BANGALORE vs. M/S SRI BASAVESHWAR VEERASHAIVA VIDYAVARDHAK SANGHA , BAGALKOTE

In the result, the assessee’s appeals in ITA Nos

Bench: Shri Chandra Poojari & Smt. Beena Pillai

charitable in nature and assessee cannot be granted exemption u/s 11 of the Act in this assessment year. This ground of revenue in ITA No.64/Bang/2018 is allowed. Ground No. 2 - Based on the facts and circumstances of the case, whether Ld. CIT(A) was correct in allowing unexplained receipts/unnamed donation when incriminating documents against the assessee were found and seized

SRI BASAVESHWAR VEERASHAIVA VIDYAVARDHAK SAGHA,BAGALKOT vs. DEPUTY COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-2(2), BENGALURU

In the result, the assessee’s appeals in ITA Nos

Bench: Shri Chandra Poojari & Smt. Beena Pillai

charitable in nature and assessee cannot be granted exemption u/s 11 of the Act in this assessment year. This ground of revenue in ITA No.64/Bang/2018 is allowed. Ground No. 2 - Based on the facts and circumstances of the case, whether Ld. CIT(A) was correct in allowing unexplained receipts/unnamed donation when incriminating documents against the assessee were found and seized

SRI SRINIVASA EDUCATIONAL & CHARITABLE TRUST ,BANGALORE vs. ASSISTANT COMMISSIONER OF INCOME TAX CENTRAL CIRCLE-2(1), BANGALORE

In the result, all the appeals filed by the revenue and all the cross objections filed by the assessee are dismissed

Bench: Shri N.V Vasudevan, Vice Presidnet & Shri B.R Baskaran

money with proper bills and vouchers. The details of amounts admitted as unexplained and agreed for each of the assessment year is given below:- Asst. Year Amount 2010-11 Rs.4.00 crores 2011-12 Rs.6.00 crores 2012-13 Rs.7.50 crores 2013-14 Rs.7.50 crores ------------ Rs.25.00 crores ========= The assessee has agreed for disallowance of above said amounts from out of “Application

M/S. RUKMINI EDUCATIONAL CHARITABLE TRUST,BENGALURU vs. PRINCIPAL COMMISSIONER OF INCOME TAX, CENTRAL, BENGALURU

Bench: Shri Prashant Maharishi & Shri Soundararajan K.

money in the name of various trustees without any purpose. The findings were recorded in para 3.1.11 to 3.1.13. It is also noted that the assessee trust wrote off the advance of Rs.46,40,68,935 without actual transfer of the land. The ld. PCIT noted that a total sum of Rs.145,41,60,713 was transferred to the trustees

ASSISTANT COMMISSIONER OF INCOME TAX CENTRAL CIRCLE-2(3), BANGALORE vs. M/S VENKATESHA EDUCATION SOCIETY , BANGALORE

In the result all the appeals of revenue, viz

Bench: Shri George George K. & Shri B.R. Baskaranita Nos.50 To 56 & 455/Bang/2018 Assessment Years : 2008-09 To 2014-15 & 2013-14 Respectively

unexplained) and the Secretary Sh. M.J. Mohan (sized document A/MJM/02, Pg. 2,3,4,5,6, seized from his residence, shows collection of capitation amount in cash from P.G. medical students) are persons referred to u/s 13(3) who have derived direct and indirect benefit from the income (both accounted and unaccounted) generated out of the Trust and thus

ASSISTANT COMMISSIONER OF INCOME TAX CENTRAL CIRCLE-2(3), BANGALORE vs. M/S VENKATESHA EDUCATION SOCIETY , BANGALORE

In the result all the appeals of revenue, viz

Bench: Shri George George K. & Shri B.R. Baskaranita Nos.50 To 56 & 455/Bang/2018 Assessment Years : 2008-09 To 2014-15 & 2013-14 Respectively

unexplained) and the Secretary Sh. M.J. Mohan (sized document A/MJM/02, Pg. 2,3,4,5,6, seized from his residence, shows collection of capitation amount in cash from P.G. medical students) are persons referred to u/s 13(3) who have derived direct and indirect benefit from the income (both accounted and unaccounted) generated out of the Trust and thus

ASSISTANT COMMISSIONER OF INCOME-TAX, CENTRAL CIRCLE-2(3), BANGALORE vs. M/S. VENKATESHA EDUCATION, BENGALURU

In the result all the appeals of revenue, viz

Bench: Shri George George K. & Shri B.R. Baskaranita Nos.50 To 56 & 455/Bang/2018 Assessment Years : 2008-09 To 2014-15 & 2013-14 Respectively

unexplained) and the Secretary Sh. M.J. Mohan (sized document A/MJM/02, Pg. 2,3,4,5,6, seized from his residence, shows collection of capitation amount in cash from P.G. medical students) are persons referred to u/s 13(3) who have derived direct and indirect benefit from the income (both accounted and unaccounted) generated out of the Trust and thus

ASSISTANT COMMISSIONER OF INCOME TAX CENTRAL CIRCLE-2(3), BANGALORE vs. M/S VENKATESHA EDUCATION SOCIETY , BANGALORE

In the result all the appeals of revenue, viz

Bench: Shri George George K. & Shri B.R. Baskaranita Nos.50 To 56 & 455/Bang/2018 Assessment Years : 2008-09 To 2014-15 & 2013-14 Respectively

unexplained) and the Secretary Sh. M.J. Mohan (sized document A/MJM/02, Pg. 2,3,4,5,6, seized from his residence, shows collection of capitation amount in cash from P.G. medical students) are persons referred to u/s 13(3) who have derived direct and indirect benefit from the income (both accounted and unaccounted) generated out of the Trust and thus

ASSISTANT COMMISSIONER OF INCOME TAX CENTRAL CIRCLE-2(3), BANGALORE vs. M/S VENKATESHA EDUCATION SOCIETY , BANGALORE

In the result all the appeals of revenue, viz

Bench: Shri George George K. & Shri B.R. Baskaranita Nos.50 To 56 & 455/Bang/2018 Assessment Years : 2008-09 To 2014-15 & 2013-14 Respectively

unexplained) and the Secretary Sh. M.J. Mohan (sized document A/MJM/02, Pg. 2,3,4,5,6, seized from his residence, shows collection of capitation amount in cash from P.G. medical students) are persons referred to u/s 13(3) who have derived direct and indirect benefit from the income (both accounted and unaccounted) generated out of the Trust and thus

ASSISTANT COMMISSIONER OF INCOME TAX CENTRAL CIRCLE-2(3), BANGALORE vs. M/S VENKATESHA EDUCATION SOCIETY , BANGALORE

In the result all the appeals of revenue, viz

Bench: Shri George George K. & Shri B.R. Baskaranita Nos.50 To 56 & 455/Bang/2018 Assessment Years : 2008-09 To 2014-15 & 2013-14 Respectively

unexplained) and the Secretary Sh. M.J. Mohan (sized document A/MJM/02, Pg. 2,3,4,5,6, seized from his residence, shows collection of capitation amount in cash from P.G. medical students) are persons referred to u/s 13(3) who have derived direct and indirect benefit from the income (both accounted and unaccounted) generated out of the Trust and thus